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Global Steam Turbine Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032
Industry: Consumer Goods
Published Date: 2026-01-04
Pages: 96 Pages
Report ld: 5558853
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Steam Turbine Market Size(US$)
CAGR 2026-2032
4.2%
Market Size,2032
USD 16,610
Million
Market Snapshot
Market Size in 2026 (Value)
US$ 12,950 million
Market Forecast in 2032(Value)
US$ 16,610 million
CAGR
4.2%
Years Considered
2021-2032
Base Year
2026
Forecast Period
2026-2032
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Steam Turbine market size was US$ 12470 million in 2025 and is forecast to reach a readjusted size of US$ 16610 million by 2032 with a CAGR of 4.2% during the forecast period 2026-2032.
A steam turbine is a device that converts thermal energy from steam into mechanical energy, which is then often transformed into electrical energy. This is achieved by directing high-pressure, high-temperature steam onto a series of blades mounted on a rotor, causing it to spin. Steam turbines are widely used in power generation and industrial processes due to their efficiency and reliability.
The global steam turbine market is a critical component of energy infrastructure, catering to diverse applications such as power generation, industrial processing, and cogeneration. Key industries driving demand include power utilities, oil and gas, chemical processing, and manufacturing.
Key Market Drivers
Rising Energy Demand: Increasing global energy consumption, particularly in developing countries, is driving demand for steam turbines in power plants. Industrial Expansion: Growing industrial activities require efficient turbines for mechanical drives and combined heat and power (CHP) applications. Renewable Energy Integration: Steam turbines are increasingly used in renewable applications like concentrated solar power (CSP) and biomass plants. Modernization and Replacement: Upgrading outdated turbines with advanced, efficient designs in developed regions is a significant market driver.
Market Restraints
Competition from Alternative Technologies: Gas turbines, wind, and solar PV pose significant competition. High Initial Costs: The capital-intensive nature of turbine installation and maintenance can hinder adoption. Environmental Regulations: Stricter policies against fossil fuel emissions impact coal-fired steam turbine adoption.
Opportunities
Emerging Economies: Industrialization and energy infrastructure development in Asia-Pacific, Africa, and Latin America present significant growth opportunities. Clean Energy Transition: Expanding use in geothermal, biomass, and waste-to-energy applications aligns with global decarbonization goals. Advancements in Efficiency: Development of supercritical and ultra-supercritical turbines enhances performance and reduces emissions.
The global Steam Turbine market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2021-2032.
MARKET SEGMENTATION
By Company
- General Electric
- Siemens
- Dongfang Turbine
- Shanghai Electric
- Hangzhou Steam Turbine(HTC)
- Harbin Electric Corporation
- Mitsubishi Hitachi Power Systems
- MAN Energy Solutions
- Fuji Electric
- Ebara Elliott
- Doosan
- Ansaldo
- Kawasaki Heavy Industries
- Power Machines
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Non-Condensing Steam Turbine
- Condensing Steam Turbine
Segment by Application
- Power Generation
- Industrial
- Others
CHAPTER OUTLINE
Chapter 1: Report scope, segment-level executive summary (by Type, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of Steam Turbine sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of Steam Turbine manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Type-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Type and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, Steam Turbine product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Steam Turbine value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
Market entry risks/opportunities by region
We identify regional market threats and growth prospects to guide your overseas layout.
Product mix optimization based on local practices
We adjust product portfolios in line with local consumption habits.
Competitor tactics in fragmented vs. consolidated markets
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
Full Research Coverage
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
19 Years Industry Expertise
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
24/7 Fast Report Delivery
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
Localized Strategic Analysis
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
Market entry risks/opportunities by region
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
Market entry risks/opportunities by region
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Steam Turbine Product Scope
1.2 Steam Turbine by Type
1.2.1 Global Steam Turbine Sales by Type (2021, 2025 & 2032)
1.2.2 Non-Condensing Steam Turbine
1.2.3 Condensing Steam Turbine
1.3 Steam Turbine by Application
1.3.1 Global Steam Turbine Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Power Generation
1.3.3 Industrial
1.3.4 Others
1.4 Global Steam Turbine Market Estimates and Forecasts (2021-2032)
1.4.1 Global Steam Turbine Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global Steam Turbine Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global Steam Turbine Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global Steam Turbine Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Steam Turbine Historical Market Scenario by Region (2021-2026)
2.2.1 Global Steam Turbine Sales Market Share by Region (2021-2026)
2.2.2 Global Steam Turbine Revenue Market Share by Region (2021-2026)
2.3 Global Steam Turbine Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global Steam Turbine Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global Steam Turbine Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 North America Steam Turbine Market Size and Prospects (2021-2032)
2.4.2 Europe Steam Turbine Market Size and Prospects (2021-2032)
2.4.3 China Steam Turbine Market Size and Prospects (2021-2032)
2.4.4 Japan Steam Turbine Market Size and Prospects (2021-2032)
3 Global Market Size by Type
3.1 Global Steam Turbine Historical Market Review by Type (2021-2026)
3.1.1 Global Steam Turbine Sales by Type (2021-2026)
3.1.2 Global Steam Turbine Revenue by Type (2021-2026)
3.1.3 Global Steam Turbine Average Price by Type (2021-2026)
3.2 Global Steam Turbine Market Estimates and Forecasts by Type (2027-2032)
3.2.1 Global Steam Turbine Sales Forecast by Type (2027-2032)
3.2.2 Global Steam Turbine Revenue Forecast by Type (2027-2032)
3.2.3 Global Steam Turbine Price Forecast by Type (2027-2032)
3.3 Representative Players for Different Types of Steam Turbine
4 Global Market Size by Application
4.1 Global Steam Turbine Historical Market Review by Application (2021-2026)
4.1.1 Global Steam Turbine Sales by Application (2021-2026)
4.1.2 Global Steam Turbine Revenue by Application (2021-2026)
4.1.3 Global Steam Turbine Average Price by Application (2021-2026)
4.2 Global Steam Turbine Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global Steam Turbine Sales Forecast by Application (2027-2032)
4.2.2 Global Steam Turbine Revenue Forecast by Application (2027-2032)
4.2.3 Global Steam Turbine Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Steam Turbine Applications
5 Competition Landscape by Players
5.1 Global Steam Turbine Sales by Player (2021-2026)
5.2 Global Top Steam Turbine Players by Revenue (2021-2026)
5.3 Global Steam Turbine Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on Steam Turbine revenue as of 2025
5.4 Global Steam Turbine Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Steam Turbine, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Steam Turbine, Product Type & Application
5.7 Global Key Manufacturers of Steam Turbine, Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Steam Turbine Sales by Company
6.1.1.1 North America Steam Turbine Sales by Company (2021-2026)
6.1.1.2 North America Steam Turbine Revenue by Company (2021-2026)
6.1.2 North America Steam Turbine Sales Breakdown by Type (2021-2026)
6.1.3 North America Steam Turbine Sales Breakdown by Application (2021-2026)
6.1.4 North America Steam Turbine Major Customers
6.1.5 North America Market Trends and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Steam Turbine Sales by Company
6.2.1.1 Europe Steam Turbine Sales by Company (2021-2026)
6.2.1.2 Europe Steam Turbine Revenue by Company (2021-2026)
6.2.2 Europe Steam Turbine Sales Breakdown by Type (2021-2026)
6.2.3 Europe Steam Turbine Sales Breakdown by Application (2021-2026)
6.2.4 Europe Steam Turbine Major Customers
6.2.5 Europe Market Trends and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Steam Turbine Sales by Company
6.3.1.1 China Steam Turbine Sales by Company (2021-2026)
6.3.1.2 China Steam Turbine Revenue by Company (2021-2026)
6.3.2 China Steam Turbine Sales Breakdown by Type (2021-2026)
6.3.3 China Steam Turbine Sales Breakdown by Application (2021-2026)
6.3.4 China Steam Turbine Major Customers
6.3.5 China Market Trends and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Steam Turbine Sales by Company
6.4.1.1 Japan Steam Turbine Sales by Company (2021-2026)
6.4.1.2 Japan Steam Turbine Revenue by Company (2021-2026)
6.4.2 Japan Steam Turbine Sales Breakdown by Type (2021-2026)
6.4.3 Japan Steam Turbine Sales Breakdown by Application (2021-2026)
6.4.4 Japan Steam Turbine Major Customers
6.4.5 Japan Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 General Electric
7.1.1 General Electric Company Information
7.1.2 General Electric Business Overview
7.1.3 General Electric Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.1.4 General Electric Steam Turbine Products Offered
7.1.5 General Electric Recent Development
7.2 Siemens
7.2.1 Siemens Company Information
7.2.2 Siemens Business Overview
7.2.3 Siemens Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.2.4 Siemens Steam Turbine Products Offered
7.2.5 Siemens Recent Development
7.3 Dongfang Turbine
7.3.1 Dongfang Turbine Company Information
7.3.2 Dongfang Turbine Business Overview
7.3.3 Dongfang Turbine Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.3.4 Dongfang Turbine Steam Turbine Products Offered
7.3.5 Dongfang Turbine Recent Development
7.4 Shanghai Electric
7.4.1 Shanghai Electric Company Information
7.4.2 Shanghai Electric Business Overview
7.4.3 Shanghai Electric Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Shanghai Electric Steam Turbine Products Offered
7.4.5 Shanghai Electric Recent Development
7.5 Hangzhou Steam Turbine(HTC)
7.5.1 Hangzhou Steam Turbine(HTC) Company Information
7.5.2 Hangzhou Steam Turbine(HTC) Business Overview
7.5.3 Hangzhou Steam Turbine(HTC) Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.5.4 Hangzhou Steam Turbine(HTC) Steam Turbine Products Offered
7.5.5 Hangzhou Steam Turbine(HTC) Recent Development
7.6 Harbin Electric Corporation
7.6.1 Harbin Electric Corporation Company Information
7.6.2 Harbin Electric Corporation Business Overview
7.6.3 Harbin Electric Corporation Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.6.4 Harbin Electric Corporation Steam Turbine Products Offered
7.6.5 Harbin Electric Corporation Recent Development
7.7 Mitsubishi Hitachi Power Systems
7.7.1 Mitsubishi Hitachi Power Systems Company Information
7.7.2 Mitsubishi Hitachi Power Systems Business Overview
7.7.3 Mitsubishi Hitachi Power Systems Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.7.4 Mitsubishi Hitachi Power Systems Steam Turbine Products Offered
7.7.5 Mitsubishi Hitachi Power Systems Recent Development
7.8 MAN Energy Solutions
7.8.1 MAN Energy Solutions Company Information
7.8.2 MAN Energy Solutions Business Overview
7.8.3 MAN Energy Solutions Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.8.4 MAN Energy Solutions Steam Turbine Products Offered
7.8.5 MAN Energy Solutions Recent Development
7.9 Fuji Electric
7.9.1 Fuji Electric Company Information
7.9.2 Fuji Electric Business Overview
7.9.3 Fuji Electric Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.9.4 Fuji Electric Steam Turbine Products Offered
7.9.5 Fuji Electric Recent Development
7.10 Ebara Elliott
7.10.1 Ebara Elliott Company Information
7.10.2 Ebara Elliott Business Overview
7.10.3 Ebara Elliott Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.10.4 Ebara Elliott Steam Turbine Products Offered
7.10.5 Ebara Elliott Recent Development
7.11 Doosan
7.11.1 Doosan Company Information
7.11.2 Doosan Business Overview
7.11.3 Doosan Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.11.4 Doosan Steam Turbine Products Offered
7.11.5 Doosan Recent Development
7.12 Ansaldo
7.12.1 Ansaldo Company Information
7.12.2 Ansaldo Business Overview
7.12.3 Ansaldo Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.12.4 Ansaldo Steam Turbine Products Offered
7.12.5 Ansaldo Recent Development
7.13 Kawasaki Heavy Industries
7.13.1 Kawasaki Heavy Industries Company Information
7.13.2 Kawasaki Heavy Industries Business Overview
7.13.3 Kawasaki Heavy Industries Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.13.4 Kawasaki Heavy Industries Steam Turbine Products Offered
7.13.5 Kawasaki Heavy Industries Recent Development
7.14 Power Machines
7.14.1 Power Machines Company Information
7.14.2 Power Machines Business Overview
7.14.3 Power Machines Steam Turbine Sales, Revenue and Gross Margin (2021-2026)
7.14.4 Power Machines Steam Turbine Products Offered
7.14.5 Power Machines Recent Development
8 Steam Turbine Manufacturing Cost Analysis
8.1 Steam Turbine Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Steam Turbine
8.4 Steam Turbine Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 Steam Turbine Distributors List
9.3 Steam Turbine Customers
10 Steam Turbine Market Dynamics
10.1 Steam Turbine Industry Trends
10.2 Steam Turbine Market Drivers
10.3 Steam Turbine Market Challenges
10.4 Steam Turbine Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Global Steam Turbine Sales (US$ Million) Growth Rate by Type (2021, 2025 & 2032)
Table 2. Global Steam Turbine Sales (US$ Million) Comparison by Application (2021, 2025 & 2032)
Table 3. Global Market Steam Turbine Market Size (US$ Million) by Region:2021 VS 2025 VS 2032
Table 4. Global Steam Turbine Sales (MW) by Region (2021-2026)
Table 5. Global Steam Turbine Sales Market Share by Region (2021-2026)
Table 6. Global Steam Turbine Revenue (US$ Million) Market Share by Region (2021-2026)
Table 7. Global Steam Turbine Revenue Share by Region (2021-2026)
Table 8. Global Steam Turbine Sales (MW) Forecast by Region (2027-2032)
Table 9. Global Steam Turbine Sales Market Share Forecast by Region (2027-2032)
Table 10. Global Steam Turbine Revenue (US$ Million) Forecast by Region (2027-2032)
Table 11. Global Steam Turbine Revenue Share Forecast by Region (2027-2032)
Table 12. Global Steam Turbine Sales by Type (MW) & (2021-2026)
Table 13. Global Steam Turbine Sales Share by Type (2021-2026)
Table 14. Global Steam Turbine Revenue by Type (US$ Million) & (2021-2026)
Table 15. Global Steam Turbine Average Price by Type (USD/KW) & (2021-2026)
Table 16. Global Steam Turbine Sales by Type (MW) & (2027-2032)
Table 17. Global Steam Turbine Revenue by Type (US$ Million) & (2027-2032)
Table 18. Global Steam Turbine Average Price by Type (USD/KW) & (2027-2032)
Table 19. Representative Players of Each Type
Table 20. Global Steam Turbine Sales by Application (MW) & (2021-2026)
Table 21. Global Steam Turbine Sales Share by Application (2021-2026)
Table 22. Global Steam Turbine Revenue by Application (US$ Million) & (2021-2026)
Table 23. Global Steam Turbine Average Price by Application (USD/KW) & (2021-2026)
Table 24. Global Steam Turbine Sales by Application (MW) & (2027-2032)
Table 25. Global Steam Turbine Revenue Market Share by Application (US$ Million) & (2027-2032)
Table 26. Global Steam Turbine Average Price by Application (USD/KW) & (2027-2032)
Table 27. New Sources of Growth in Steam Turbine Applications
Table 28. Global Steam Turbine Sales by Company (MW) & (2021-2026)
Table 29. Global Steam Turbine Sales Share by Company (2021-2026)
Table 30. Global Steam Turbine Revenue by Company (US$ Million) & (2021-2026)
Table 31. Global Steam Turbine Revenue Share by Company (2021-2026)
Table 32. Global Steam Turbine by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steam Turbine as of 2025)
Table 33. Global Market Steam Turbine Average Price by Company (USD/KW) & (2021-2026)
Table 34. Global Key Manufacturers of Steam Turbine, Manufacturing Sites & Headquarters
Table 35. Global Key Manufacturers of Steam Turbine, Product Type & Application
Table 36. Global Key Manufacturers of Steam Turbine, Date of Entry into This Industry
Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 38. North America Steam Turbine Sales by Company (2021-2026) & (MW)
Table 39. North America Steam Turbine Sales Market Share by Company (2021-2026)
Table 40. North America Steam Turbine Revenue by Company (2021-2026) & (US$ Million)
Table 41. North America Steam Turbine Revenue Market Share by Company (2021-2026)
Table 42. North America Steam Turbine Sales by Type (2021-2026) & (MW)
Table 43. North America Steam Turbine Sales Market Share by Type (2021-2026)
Table 44. North America Steam Turbine Sales by Application (2021-2026) & (MW)
Table 45. North America Steam Turbine Sales Market Share by Application (2021-2026)
Table 46. Europe Steam Turbine Sales by Company (2021-2026) & (MW)
Table 47. Europe Steam Turbine Sales Market Share by Company (2021-2026)
Table 48. Europe Steam Turbine Revenue by Company (2021-2026) & (US$ Million)
Table 49. Europe Steam Turbine Revenue Market Share by Company (2021-2026)
Table 50. Europe Steam Turbine Sales by Type (2021-2026) & (MW)
Table 51. Europe Steam Turbine Sales Market Share by Type (2021-2026)
Table 52. Europe Steam Turbine Sales by Application (2021-2026) & (MW)
Table 53. Europe Steam Turbine Sales Market Share by Application (2021-2026)
Table 54. China Steam Turbine Sales by Company (2021-2026) & (MW)
Table 55. China Steam Turbine Sales Market Share by Company (2021-2026)
Table 56. China Steam Turbine Revenue by Company (2021-2026) & (US$ Million)
Table 57. China Steam Turbine Revenue Market Share by Company (2021-2026)
Table 58. China Steam Turbine Sales by Type (2021-2026) & (MW)
Table 59. China Steam Turbine Sales Market Share by Type (2021-2026)
Table 60. China Steam Turbine Sales by Application (2021-2026) & (MW)
Table 61. China Steam Turbine Sales Market Share by Application (2021-2026)
Table 62. Japan Steam Turbine Sales by Company (2021-2026) & (MW)
Table 63. Japan Steam Turbine Sales Market Share by Company (2021-2026)
Table 64. Japan Steam Turbine Revenue by Company (2021-2026) & (US$ Million)
Table 65. Japan Steam Turbine Revenue Market Share by Company (2021-2026)
Table 66. Japan Steam Turbine Sales by Type (2021-2026) & (MW)
Table 67. Japan Steam Turbine Sales Market Share by Type (2021-2026)
Table 68. Japan Steam Turbine Sales by Application (2021-2026) & (MW)
Table 69. Japan Steam Turbine Sales Market Share by Application (2021-2026)
Table 70. General Electric Company Information
Table 71. General Electric Description and Business Overview
Table 72. General Electric Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 73. General Electric Steam Turbine Product
Table 74. General Electric Recent Development
Table 75. Siemens Company Information
Table 76. Siemens Description and Business Overview
Table 77. Siemens Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 78. Siemens Steam Turbine Product
Table 79. Siemens Recent Development
Table 80. Dongfang Turbine Company Information
Table 81. Dongfang Turbine Description and Business Overview
Table 82. Dongfang Turbine Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 83. Dongfang Turbine Steam Turbine Product
Table 84. Dongfang Turbine Recent Development
Table 85. Shanghai Electric Company Information
Table 86. Shanghai Electric Description and Business Overview
Table 87. Shanghai Electric Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 88. Shanghai Electric Steam Turbine Product
Table 89. Shanghai Electric Recent Development
Table 90. Hangzhou Steam Turbine(HTC) Company Information
Table 91. Hangzhou Steam Turbine(HTC) Description and Business Overview
Table 92. Hangzhou Steam Turbine(HTC) Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 93. Hangzhou Steam Turbine(HTC) Steam Turbine Product
Table 94. Hangzhou Steam Turbine(HTC) Recent Development
Table 95. Harbin Electric Corporation Company Information
Table 96. Harbin Electric Corporation Description and Business Overview
Table 97. Harbin Electric Corporation Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 98. Harbin Electric Corporation Steam Turbine Product
Table 99. Harbin Electric Corporation Recent Development
Table 100. Mitsubishi Hitachi Power Systems Company Information
Table 101. Mitsubishi Hitachi Power Systems Description and Business Overview
Table 102. Mitsubishi Hitachi Power Systems Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 103. Mitsubishi Hitachi Power Systems Steam Turbine Product
Table 104. Mitsubishi Hitachi Power Systems Recent Development
Table 105. MAN Energy Solutions Company Information
Table 106. MAN Energy Solutions Description and Business Overview
Table 107. MAN Energy Solutions Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 108. MAN Energy Solutions Steam Turbine Product
Table 109. MAN Energy Solutions Recent Development
Table 110. Fuji Electric Company Information
Table 111. Fuji Electric Description and Business Overview
Table 112. Fuji Electric Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 113. Fuji Electric Steam Turbine Product
Table 114. Fuji Electric Recent Development
Table 115. Ebara Elliott Company Information
Table 116. Ebara Elliott Description and Business Overview
Table 117. Ebara Elliott Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 118. Ebara Elliott Steam Turbine Product
Table 119. Ebara Elliott Recent Development
Table 120. Doosan Company Information
Table 121. Doosan Description and Business Overview
Table 122. Doosan Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 123. Doosan Steam Turbine Product
Table 124. Doosan Recent Development
Table 125. Ansaldo Company Information
Table 126. Ansaldo Description and Business Overview
Table 127. Ansaldo Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 128. Ansaldo Steam Turbine Product
Table 129. Ansaldo Recent Development
Table 130. Kawasaki Heavy Industries Company Information
Table 131. Kawasaki Heavy Industries Description and Business Overview
Table 132. Kawasaki Heavy Industries Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 133. Kawasaki Heavy Industries Steam Turbine Product
Table 134. Kawasaki Heavy Industries Recent Development
Table 135. Power Machines Company Information
Table 136. Power Machines Description and Business Overview
Table 137. Power Machines Steam Turbine Sales (MW), Revenue (US$ Million), Price (USD/KW) and Gross Margin (2021-2026)
Table 138. Power Machines Steam Turbine Product
Table 139. Power Machines Recent Development
Table 140. Production Base and Market Concentration Rate of Raw Material
Table 141. Key Suppliers of Raw Materials
Table 142. Steam Turbine Distributors List
Table 143. Steam Turbine Customers List
Table 144. Steam Turbine Market Trends
Table 145. Steam Turbine Market Drivers
Table 146. Steam Turbine Market Challenges
Table 147. Steam Turbine Market Restraints
Table 148. Research Programs/Design for This Report
Table 149. Key Data Information from Secondary Sources
Table 150. Key Data Information from Primary Sources
List of Figures
Figure 1. Steam Turbine Product Picture
Figure 2. Global Steam Turbine Sales (US$ Million) by Type (2021, 2025 & 2032)
Figure 3. Global Steam Turbine Sales Market Share by Type in 2025 & 2032
Figure 4. Non-Condensing Steam Turbine Product Picture
Figure 5. Condensing Steam Turbine Product Picture
Figure 6. Global Steam Turbine Sales (US$ Million) by Application (2021, 2025 & 2032)
Figure 7. Global Steam Turbine Sales Market Share by Application in 2025 & 2032
Figure 8. Power Generation Examples
Figure 9. Industrial Examples
Figure 10. Others Examples
Figure 11. Global Steam Turbine Sales, (US$ Million), 2021 VS 2025 VS 2032
Figure 12. Global Steam Turbine Sales Growth Rate (2021-2032) & (US$ Million)
Figure 13. Global Steam Turbine Sales (MW) Growth Rate (2021-2032)
Figure 14. Global Steam Turbine Price Trends Growth Rate (2021-2032) & (USD/KW)
Figure 15. Steam Turbine Report Years Considered
Figure 16. Global Market Steam Turbine Market Size (US$ Million) by Region:2021 VS 2025 VS 2032
Figure 17. Global Steam Turbine Revenue Market Share by Region: 2021 VS 2025
Figure 18. North America Steam Turbine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 19. North America Steam Turbine Sales (MW) Growth Rate (2021-2032)
Figure 20. Europe Steam Turbine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 21. Europe Steam Turbine Sales (MW) Growth Rate (2021-2032)
Figure 22. China Steam Turbine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 23. China Steam Turbine Sales (MW) Growth Rate (2021-2032)
Figure 24. Japan Steam Turbine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 25. Japan Steam Turbine Sales (MW) Growth Rate (2021-2032)
Figure 26. Global Steam Turbine Revenue Share by Type (2021-2026)
Figure 27. Global Steam Turbine Sales Share by Type (2027-2032)
Figure 28. Global Steam Turbine Revenue Share by Type (2027-2032)
Figure 29. Global Steam Turbine Revenue Share by Application (2021-2026)
Figure 30. Global Steam Turbine Revenue Growth Rate by Application in 2021 & 2025
Figure 31. Global Steam Turbine Sales Share by Application (2027-2032)
Figure 32. Global Steam Turbine Revenue Share by Application (2027-2032)
Figure 33. Global Steam Turbine Sales Share by Company (2025)
Figure 34. Global Steam Turbine Revenue Share by Company (2025)
Figure 35. Global 5 Largest Steam Turbine Players Market Share by Revenue in Steam Turbine: 2021 & 2025
Figure 36. Steam Turbine Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025
Figure 37. Manufacturing Cost Structure of Steam Turbine
Figure 38. Manufacturing Process Analysis of Steam Turbine
Figure 39. Steam Turbine Industrial Chain
Figure 40. Channels of Distribution (Direct Vs Distribution)
Figure 41. Distributors Profiles
Figure 42. Bottom-up and Top-down Approaches for This Report
Figure 43. Data Triangulation
Figure 44. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
Which companies rank high in the global Steam Turbine market?
The top companies in the global Steam Turbine market are General Electric、Siemens、Dongfang Turbine.
What was the global market size of Steam Turbine in 2026?
Which region is expected to have the highest market share?
What is the annual compound growth rate of the global Steam Turbine market size from 2026 to 2032?
What was the global market size of Steam Turbine in 2032?
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